Latest Transaction banking News: Finextra Research

EBAday agenda to spell out new payments paradigm

Innovations in technology and practitioner insights into payment trends will top the agenda at EBAday 2018, Europe's leading payments and transaction banking conference, which is being staged this year at the ICM-Internationales Congress Centre in Munich.

02 March 2018

Company update/Transaction banking

Evergreen ties up with Bolero for electronic document exchange

Evergreen, in line with its avowed mission to deliver the highest standards of customer service through continual improvement, has introduced two new Intelligent Services - the intelligent i-B/L (Bill of Lading) and i-Dispatch, a solution that delivers documents associated with such transactions.

01 March 2018

News/Transaction banking

Credit Suisse and ING execute DLT-based securities lending and contract exchange

Credit Suisse and ING have executed a live collateral swap with full legal exchange of contracts and settlement taking place over R3's Corda blockchain platform.

01 March 2018

Company update/Transaction banking

Swift reports surge in support for gpi as payment times shrink to minutes

SWIFT announces today that more than USD 100 billion in SWIFT gpi messages are being sent every day, enabling payments to be credited to end beneficiaries within minutes - many within seconds.

28 February 2018

Company update/Transaction banking

Volante announces support for Swift 2018 standards

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages, today announced support for the latest SWIFT Standards Release 2018.

26 February 2018

Finextra TV/Transaction banking

Creating transparency around opaque markets

Leon Saunders Calvert, Global Head of Capital Markets & Advisory, Thomson Reuters, talks about the impact of fintech so far in the investment banking space, whether the IB market is changing its approach to its own technology teams and in turn its engagement with service providers, and whether banks are under increasing cost pressures.

26 February 2018

Company update/Transaction banking

Ghana International Bank selects Jaywing to consult on IFRS 9 and credit grading programmes

Today, credit risk analytics experts, Jaywing, announced that it has partnered with London-based Ghana International Bank (GHIB) on a series of regulatory, credit grading and corporate banking programmes.

26 February 2018

Company update/Transaction banking

Transpay expands global payouts to Australia, NZ and South Africa

Transpay, the cross-border payments platform, today announced the expansion of its service offering to include direct-to-bank deposits in Australia, New Zealand, and South Africa.

22 February 2018

Finextra TV/Transaction banking

Data savvy and tech heavy CMOs

Martin Häring, Chief Marketing Officer, Finastra, talks about the implementation priorities for banks in 2018, what bank CMOs will be focusing on this year, and whether PSD2 and GDPR are a threat or an opportunity for banks.

21 February 2018

News/Transaction banking

Degussa Bank connects with Giromatch for faster loan decisions

Germany's Degussa Bank is to use a white-labeled direct API-based connection to local fintech startup Giromatch to provide clients with faster loan decisions and flexible re-payment terms.

21 February 2018

News/Transaction banking

Marco Polo sets sail for DLT pilot phase

Marco Polo, a blockchain-based platform for open-account trade finance created by TradeIX and R3 in collaboration with leading global banks, is to move into a live pilot phase following a successful six month proof of concept.

21 February 2018

Company update/Transaction banking

Finastra unveils Fusion Treasury for Russia and the CIS markets

Finastra has unveiled a tailored Fusion Treasury solution for Russia and the CIS.

20 February 2018

Company update/Transaction banking

Ireland's KYC to open office in Hong Kong

Invitation to join SuperCharger’s accelerator programme in March is game-changer for digital on-boarding solutions start-up KYC.

19 February 2018

Finextra TV/Transaction banking

Innovation beyond the four walls

Craig Young, CIO, SWIFT, talks about the importance of innovation for growth and relevance in the future, and how to identify, evaluate and implement technology into a business architecture.

19 February 2018

Company update/Transaction banking

Invoice Bazaar invests in online document exchange Odex

Invoice Bazaar, a FinTech Supply Chain Finance platform with presence across Asia today announced an undisclosed investment in online document exchange platform ODeX.

19 February 2018

Company update/Transaction banking

BIS: Choice and diversity are the key to quicker, cheaper cross-border retail payments

There is room to improve the infrastructure for payments made by individuals and businesses that cross borders, according to a new report by the Committee on Payments and Market Infrastructures (CPMI), the global standard setter for payment, clearing and settlement services.

16 February 2018

Company update/Transaction banking

Mexico's Banca Afirme launches corporate credit card with Wirecard

Afirme will launch its new corporate debit card ‘Afirme E-fectiva’ in Mexico in collaboration with Wirecard, the international provider of digital financial technology based in Germany.

16 February 2018

Finextra TV/Transaction banking

Third-party due diligence requirements for financial institutions

Sylwia Wolos, Head of Enhanced Due Diligence Proposition, Thomson Reuters discusses the third-party due diligence requirements for financial institutions, the technical developments in due diligence research and the possibilities of aligning the overlapping parts of the anti-money laundering (AML) and third-party risk compliance processes.

16 February 2018

News/Transaction banking

Citi and PNC invest in B2B payments outfit HighRadius

Citi Ventures and PNC have made strategic investments in business-to-business payments and receivables software provider HighRadius. Terms were not disclosed.

15 February 2018

News/Transaction banking

ABN Amro moves escrow accounts to the blockchain

ABN Amro Clearing services is to offer a blockchain-based alternative to escrow accounts for money-management organisations that need to segregate and lock up client funds during the course of a transaction.

15 February 2018